| NUGT latest price $34.4700 (-6.59%) ($34.1100 - $36.2600) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.07% (three month average) |
RSI | 54 |
Latest Price | $34.4700(-6.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NUGT advances 2% a day on average for past five trading days. |
Weekly Trend | NUGT advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NUGT advance at 0% a week (0% probability) GDXJ(97%) SIL(95%) GLD(80%) SLV(78%) EEM(51%) |
Factors Impacting NUGT price | NUGT will decline at least -3.035% in a week (0% probabilities). VIXM(-12%) VXX(-9%) UUP(-9%) UNG(-5%) ARKK(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.035% (StdDev 6.07%) |
Hourly BBV | -1.9 () |
Intraday Trend | -4.5% |
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